TweakTown
Tech content trusted by users in North America and around the world
6,068 Reviews & Articles | 38,989 News Posts

Coinbase begins allowing users to send, buy, or sell Bitcoins via SMS

Bitcoins can now be traded over SMS messaging thanks to Coinbase

| Business, Financial & Legal News | Posted: Aug 16, 2013 1:02 pm

Earlier this week, the one-year-old Bitcoin startup Coinbase announced that it has made buying, selling, or trading Bitcoins easier than ever. The company now allows its users to interact with the virtual currency using SMS-based actions. This new feature allows anyone with a mobile device the ability to use Bitcoins for all sorts of things.

 

TweakTown image news/3/2/32345_1_coinbase_begins_allowing_users_to_send_buy_or_sell_bitcoins_via_sms.jpg

 

To get started, users must simply verify their phone number and then set up a PIN that will be used to verify the transaction during a voice call that is received after the SMS messages are received. Using the virtual currency via SMS is quite easy as users can send a text message using one of the predetermined short codes the company has set up.

NEWS SOURCESThenextweb.com, Blog.coinbase.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Got an opinion on this news? Post a comment below!

Latest Tech News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases